This week in Diamond Shavings: The diamond market goes nuts. The Mehul Choksi saga gets stranger. And watchmakers are crazy bad at fonts. All below.
Alex and Ani files for Chapter 11.
– Company statement.
– Background reading: Medium’s company history.
– Who ‘s in charge of the new company?
Signet Jewelers sees sales soar in first quarter.
– “Bear” changes tune.
– Stock jumps 14%.
Diamond suppliers see “unprecedented” sales.
– Buying “frenzy” drives price surge.
– De Beers raises prices again as buyers keep coming back.
– Rough prices are going “crazy.”
– Russia weighs selling more rough.
– Richard Chetwode: We need to learn lessons of history.
Swiss watch exports now above pre-pandemic levels.
Jewelers Mutual Group acquires Gem + Jewel.
Barneys New York buyer Authentic Brands Group eyes IPO.
PGI: Tests say platinum is more durable than white gold.
Gujarat small diamond production less because of cyclone.
Avi Krawitz looks at diamonds in the banking industry.
Diamond enters the blockchain.
Mehul Choksi is sticking with abduction claim.
– Flaws emerging in abduction story.
– Choksi’s (maybe) girlfriend says he’s not her “sugar daddy.”
– Lawyer says Choksi was moved to deny U.K. appeal.
– Was Choksi’s wife involved in PNB scam?
Forensic auditors to look into Winsome Group’s complex dealings.
IGI identifies 6 ct. lab-grown submitted as natural.
Chinese lab looks at new yellow synthetics.
Green Rocks opens new production facility.
Cartier CEO expresses openness to lab-grown diamonds.
Paul Zimnisky sounds off on Pandora’s announcement.
Ekati to produce 4 million cts. under new owners.
Lucara produces 470 ct. diamond from Karowe mine.
DRC diamond mine struggles for comeback.
Can diamonds help produce a more sustainable economy?
De Beers considering carbon-neutral mine.
De Beers faces fine for environmental damage.
A proposed Indian diamond mining project could hurt lots of trees.
Christina Malle on the limits of responsible gold sourcing.
Illicit gold markets in East and southern Africa.
India not buying gold because of lockdown.
How LVMH jewelry brand Fred conquered China.
Leadership shakeup at Michael Hill as founder’s daughter steps down.
Guy Benhamou, owner of the Charles Garnier Paris jewelry brand, dies.
Mansour Ojjeh, the TAG in TAG Heuer, dies at 68.
Watchmakers are lousy on typography.
Jeweler saves family from mall rumble.
Here’s what social media apps are doing for Pride Month.
Ben Bridge Jeweler’s summer windows support the Black in Jewelry Coalition.
Germany needs to apologize for what it did with Namibian gemstones.
Why are certain diamonds so beautiful? They are super-deep.
– Ewen Tyler explores people’s fascination with diamonds.
AMNH’s Beautiful Creatures are fiercely compelling.
– Michelle Graff gives her take.
Gwyneth Paltrow posed topless for Goop’s new jewelry collection.
The “last resident” of Bond Street.
Media Watch
Buzzfeed on whether engagement rings show if you’re an introvert or extrovert.
From the Blog
Who’s Behind the New Alex and Ani?
Why Are Certain Diamonds So Beautiful? They’re Super-Deep!
From the Podcast
The Jewelry District, Episode 46: India, Kay + Zales, and De Beers Forevermark
Have a safe and healthy weekend.
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